Accelerate Network Private Limited - Company Profile

It is a machinery and equipment private limited company based in Hingoli, Maharashtra, India, established in 2011.
2011 Hingoli, Maharashtra, India Active
Last Updated:
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About Accelerate Network Private Limited

Accelerate Network Private Limited, a active private limited company, was established on 16 August 2011 in Hingoli, Maharashtra, India. Engaging in industrial machinery retail & distribution within the trade sector, it holds CIN: U74120MH2011PTC220967. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹0.10 M and a paid-up capital of ₹0.10 M.

It upholds a compliant status. Its leadership includes Deepak Patel (Director), Manish Purohit (Director), Prakash Hemraj Joshi (Director). Past directors included Manish Purohit. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Mandhane Complex, Ganesh Peth, Bank Colony, Basmath, Hingoli, Maharashtra, 431512.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U74120MH2011PTC220967

  • Registration Number

    220967

  • Incorporation Date

    16 August 2011

  • Authorized Capital

    ₹0.10 M

  • Paid-Up Capital

    ₹0.10 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 14 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth **** 2149.91%
  • Profit Growth **** 71.58%
  • Ebitda **** 67.80%
  • Net Worth -9.55%
  • Total Assets -2.65%
Company report

Accelerate Network Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Accelerate Network Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Accelerate Network Private Limited?
Current Directors
Name Designation Appointment Date Status
Deepak Patel Director 16 Aug 2011 Current
Manish Purohit Director 01 Apr 2023 Current
Prakash Hemraj Joshi Director 16 Aug 2011 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 21 Jan 2019 Past

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Financial Performance of Accelerate Network.

Accelerate Network Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 2149.91% increase. The company also saw a substantial improvement in profitability, with a 71.58% increase in profit. The company's net worth dipped by a decrease of 9.55%.

Accelerate Network revenue growth over time
Accelerate Network profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
********
 2149.91%
*******
*******
*******
*******
Revenue from Operations
*******
 2149.91%
*******
*******
*******
*******
Total Assets
*******
 -2.65%
*******
*******
*******
*******
Profit or Loss
*******
 71.58%
*******
*******
*******
*******
Net Worth
*******
 -9.55%
*******
*******
*******
*******
EBITDA
*******
 67.80%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Accelerate Network?

In 2020, Accelerate Network had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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How Many Employees Work at Accelerate Network?

Unlock and access historical data on people associated with Accelerate Network, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Accelerate Network, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Accelerate Network's trajectory.

Rating
Graph displaying rating trends over time

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Alerts
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Latest Updates, News, and FAQs on Accelerate Network
Recent Activity within the Organization
  • Annual General Meeting

    Accelerate Network Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    The activity Accelerate Network Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was completed.

  • Director Appointment

    The activity Manish Purohit was appointed as a Director was appointed as a Director on 01 Apr 2023 & has been associated with this company since 2 years 10 months . was completed.

  • Director Appointment

    Deepak Patel was appointed as a Director was appointed as a Director on 16 Aug 2011 & has been associated with this company since 14 years 5 months . was recorded as a recent event.

  • Director Appointment

    Prakash Hemraj Joshi was appointed as a Director was appointed as a Director on 16 Aug 2011 & has been associated with this company since 14 years 5 months . was recorded as a recent event.

  • Company Incorporation

    Accelerate Network Private Limited was registered on 16 Aug 2011 with Roc Mumbai & aged 14 years 5 months as per MCA records. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Accelerate Network Private Limited?

The CIN of Accelerate Network Private Limited is U74120MH2011PTC220967.

Where is Accelerate Network Private Limited headquartered?

Accelerate Network Private Limited is headquartered at Mandhane Complex, Ganesh Peth, Bank Colony, Basmath, Hingoli, Maharashtra, 431512.

When was Accelerate Network Private Limited incorporated?

Accelerate Network Private Limited was incorporated on 16 August 2011.

Who are the current directors of Accelerate Network Private Limited?

The current directors of Accelerate Network Private Limited are

What is the primary industry of Accelerate Network Private Limited?

The primary industry of Accelerate Network Private Limited is Trade.

Is Accelerate Network Private Limited a listed company?

Accelerate Network Private Limited is unlisted.

What is the capital structure of Accelerate Network Private Limited?

The authorized capital of Accelerate Network Private Limited is ₹0.10 M, and the paid-up capital is ₹0.10 M.

What is the compliance status of Accelerate Network Private Limited?

The compliance status of Accelerate Network Private Limited is Compliant.

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